Maxine Waters
Photo: House of Representatives photographic studio, Public domain, via Wikimedia Commons

Maxine Waters Net Worth

U.S. Representative for California
DemocratHouseCalifornia
Estimated net worth (midpoint)
$2.6M
Range: −$139K to $5.25M
Source: U.S. House Clerk, 2025 annual report filed August 13, 2026. Updated October 23, 2026.
How to read this: members of Congress report each asset and debt in a value band (for example, $1,001 to $15,000), not an exact amount. We add up the low ends and the high ends, then subtract debts the same way, to get the widest possible range. The midpoint is simply the middle of that range, not a measured value. The forms do not include a home the official lives in (unless it earns rent), cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so true net worth can be higher.

Maxine Waters’s net worth over time

−$5M$0$5M$10M◂ Took office (1991), before the first report shown2014: −$4.35M to $4.86M (2014 annual report, filed May 15, 2015)2015: −$4.31M to $4.87M (2015 annual report, filed May 16, 2016)2016: −$4.31M to $4.87M (2016 annual report, filed May 15, 2017)2017: −$4.33M to $4.82M (2017 annual report, filed May 15, 2018)2018: −$4.33M to $4.82M (2018 annual report, filed May 15, 2019)2019: −$4.33M to $4.82M (2019 annual report, filed August 13, 2020)2020: −$230K to $5.57M (2020 annual report, filed August 13, 2021)2021: −$330K to $5.27M (2021 annual report, filed July 21, 2022)2022: −$365K to $5.22M (2022 annual report, filed August 30, 2023)2023: −$365K to $5.22M (2023 annual report, filed August 6, 2024)2024: −$365K to $5.22M (2024 annual report, filed August 13, 2025)2025: −$139K to $5.25M (2025 annual report, filed August 13, 2026)Midpoint $256KMidpoint $276KMidpoint $276KMidpoint $243KMidpoint $243KMidpoint $243KMidpoint $2.67MMidpoint $2.47MMidpoint $2.43MMidpoint $2.43MMidpoint $2.43MMidpoint $2.56M201420152016201720182019202020212022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

She took office in 1991. The House's online database has her electronic reports from 2014 on, so we can't show her wealth when she first took office. Every bar is one official report, added up the same way. Nothing is filled in between reports. Tap or hover a bar for details.

See every year as a table
YearNet worth rangeMidpointSource
2014−$4.35M to $4.86M$256K2014 annual report, filed May 15, 2015
2015−$4.31M to $4.87M$276K2015 annual report, filed May 16, 2016
2016−$4.31M to $4.87M$276K2016 annual report, filed May 15, 2017
2017−$4.33M to $4.82M$243K2017 annual report, filed May 15, 2018
2018−$4.33M to $4.82M$243K2018 annual report, filed May 15, 2019
2019−$4.33M to $4.82M$243K2019 annual report, filed August 13, 2020
2020−$230K to $5.57M$2.67M2020 annual report, filed August 13, 2021
2021−$330K to $5.27M$2.47M2021 annual report, filed July 21, 2022
2022−$365K to $5.22M$2.43M2022 annual report, filed August 30, 2023
2023−$365K to $5.22M$2.43M2023 annual report, filed August 6, 2024
2024−$365K to $5.22M$2.43M2024 annual report, filed August 13, 2025
2025−$139K to $5.25M$2.56M2025 annual report, filed August 13, 2026

Since the earliest online report (2014)

+$4.21M
change in the low end (−$4.35M → −$139K)
+$394K
change in the high end ($4.86M → $5.25M)
+$2.3M
change in the midpoint ($256K → $2.56M)

Compares the 2014 report with the 2025 report, using the same method for both. She took office in 1991. The House's online database has her electronic reports from 2014 on, so we can't show her wealth when she first took office. Changes can come from a spouse’s assets, market moves, property values, new debts or how filers choose bands, and the forms do not say which. We do not guess.

What the latest report lists

Real estate in Los Angeles, CA, joint$1M–$5M
American Golf Jt. Venture, spouse$100K–$250K
CHESAPEAKE OPERATING LLC, spouse$100K–$250K
Real estate in Houston, TX, spouse$50K–$100K
Debt: Mortgage on a Los Angeles property, Chase, joint$500K–$1M
Debt: Mortgage on a second property, Chase, joint$100K–$250K
Debt: Mortgage on a Los Angeles property, Wells Fargo, joint$100K–$250K
One more debtsee the full report

From the 2025 report filed August 13, 2026. Highlights only. The full report is linked in the sources below.

Where the money comes from

Congressional salarySpouse's investmentsReal estateMutual funds and ETFsBank and cash accounts

Main sources named in the disclosures and the reporting we cite. The forms don’t split the total into exact amounts, so we don’t show percentages.

Maxine Waters reported household assets minus debts of −$139K to $5.25M, a midpoint of about $2.56M, on her latest financial disclosure (2025 annual report, filed August 13, 2026).

Maxine Waters has represented a South Los Angeles district in the U.S. House since 1991, now California's 43rd. She chaired the House Financial Services Committee from 2019 to 2023 and has been its ranking member since.

Before Congress she served seven terms in the California State Assembly, first elected in 1976. She chaired the Congressional Black Caucus from 1997 to 1999 and is the most senior member of California's delegation.

What her 2025 disclosure shows

The report she filed on August 13, 2026 covers 2025. It lists 11 assets with a value, adding up to $1.4 million to $6 million. The largest are Real estate in Los Angeles, CA (joint, $1M–$5M); American Golf Jt. Venture (spouse, $100K–$250K) and CHESAPEAKE OPERATING LLC (spouse, $100K–$250K).

On the debt side, the report lists four debts adding up to $710,000 to $1.5 million. The largest is a mortgage on a Los Angeles property with Chase, held jointly, in the $500K–$1M band. Subtracting debts the same way gives a range of −$139,000 to $5.3 million, with a midpoint of about $2.6 million.

How the range has changed

Using the same method for every year, the midpoint of her disclosed range went from about $256,000 on her 2014 report to about $2.6 million on her 2025 report. The highest midpoint was about $2.7 million, on the 2020 report. The lowest was about $243,000, in 2017. The chart shows twelve reports from 2014 to 2025, each added up the same way, and nothing is filled in between them.

These are ranges built from the value bands on each form, not exact values. They move with market prices, property values, new or paid-off debts and the bands a filer picks, and the forms do not say which of these caused a change. Like every member of Congress, Waters does not have to report a home she lives in, cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so her real net worth could be higher than these forms show.

Career and money timeline

  1. 1976

    Elected to the California State Assembly.

  2. 1991

    Takes office in the U.S. House.

  3. 2014

    Earliest report in the House's online database: range of −$4.3 million to $4.9 million (midpoint $256,000).

  4. 2019

    Becomes chair of the House Financial Services Committee.

  5. 2020

    Highest midpoint in the online reports: $2.7 million (range −$230,000 to $5.6 million).

  6. 2025

    Latest report: range of −$139,000 to $5.3 million (midpoint $2.6 million).

Maxine Waters net worth FAQ

What is Maxine Waters's net worth?

Maxine Waters's 2025 financial disclosure puts household assets minus debts at minus $139K to $5.25M, a midpoint of about $2.56M. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From Maxine Waters's official annual financial disclosure, filed with the Clerk of the House on August 13, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.

Has Maxine Waters's net worth changed since taking office?

Compared with the earliest online report (2014), the low end of the range went from −$4.35M to −$139K and the high end from $4.86M to $5.25M. She took office in 1991. The House's online database has her electronic reports from 2014 on, so we can't show her wealth when she first took office.

What are Maxine Waters's largest assets?

On her 2025 report, the largest holdings are Real estate in Los Angeles, CA (joint, $1M–$5M); American Golf Jt. Venture (spouse, $100K–$250K); CHESAPEAKE OPERATING LLC (spouse, $100K–$250K). Values are reported in bands, not exact amounts.

Why does Maxine Waters's range go below zero?

Our low end adds up the smallest possible value of every asset band and subtracts the largest possible value of every debt band. On her 2025 report the debts listed could, in the most extreme case, be larger than the assets, so the range starts at −$139,000. The midpoint is about $2.6 million.

Sources

  1. Clerk of the U.S. House, Financial Disclosure Reports database (accessed October 23, 2026). Filings used for the chart:
  2. House Committee on Ethics, Financial Disclosure Instruction Guide (calendar year 2025). What is and isn’t reported.
  3. Background facts: Wikipedia, Maxine Waters (accessed October 23, 2026). Used for career facts only, never for figures.

Photo: House of Representatives photographic studio, Public domain, via Wikimedia Commons.

Every number on this page comes from an official filing or the named report next to it. We never fill in years with our own guesses, and this page is not a judgment about how the money was made. How we handle estimates.